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@wipro
Tata Consultancy
Hey guys, Since I am working in Deloitte and right now, I am working from home. I want to go Nepal for 2 months and I want to work from there. Do I need to tell my manager or simply I can go there and start my work. Is there any obligation?
Note- I don't want to tell anyone. Since it may backfire sometimes
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If you start small—moonlighting where allowed or testing referrals—you’ll know quickly if your client base can sustain growth.
What firm resources do you use? How expensive will it be or how much time will it take for you to take on that work?
Do the financial math to calculate costs and billables. Get a very good sense of what clients will come with you.
Don’t hire anyone until you can afford to pay your employees a living wage. Thats all I got.
What’s your practice area?
One rule of thumb is to save a year to a year and a half of what you will need at the time you start.
Besides the $40k, what other resources do you have? How thoroughly have you worked out a budget for a solo practice? Will you need an office? How are you going to find clients? Do you have enough credit and other resources to survive while you get the ball rolling? Do you have a working spouse to help bridge personal finance crises during the transition?